SEACOR Marine (NYSE: SMHI) director receives 17,235-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Regan Robert Christopher reported acquisition or exercise transactions in this Form 4 filing.
SEACOR Marine Holdings Inc. director Robert Christopher Regan received a restricted stock award of 17,235 shares of common stock at $0.00 per share as a compensation grant. Following this award, he directly holds 95,897 common shares.
The restricted stock award will lapse on the earlier of the date of the Issuer’s 2027 annual meeting of stockholders (if that date is at least 50 weeks from the grant date) or June 2, 2027. Separately, 48,485 common shares are held indirectly by the RC Regan Trust, for which his spouse is trustee, and he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Regan Robert Christopher
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,235 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 95,897 shares (Direct, null);
Common Stock — 48,485 shares (Indirect, by RC Regan Trust)
Footnotes (1)
- The restricted stock award reported in this Form 4 will lapse on the earlier of (i) the date of the 2027 annual meeting of stockholders of the Issuer, provided that such date is not less than 50 weeks from the grant date of such award, and (ii) June 2, 2027. Reporting Person's spouse is trustee. Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest.
Key Figures
Restricted stock award: 17,235 shares
Price per awarded share: $0.0000 per share
Direct holdings after grant: 95,897 shares
+2 more
5 metrics
Restricted stock award
17,235 shares
Common Stock grant coded A at $0.0000 per share
Price per awarded share
$0.0000 per share
Restricted stock award to director as compensation
Direct holdings after grant
95,897 shares
Total SMHI common stock directly held post-transaction
Indirect trust holdings
48,485 shares
Common stock held by RC Regan Trust with spouse as trustee
Award lapse latest date
June 2, 2027
Award lapses earlier of 2027 annual meeting or June 2, 2027
Key Terms
restricted stock award, annual meeting of stockholders, beneficial ownership, pecuniary interest, +1 more
5 terms
restricted stock award financial
"The restricted stock award reported in this Form 4 will lapse on the earlier of"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
annual meeting of stockholders regulatory
"the date of the 2027 annual meeting of stockholders of the Issuer"
beneficial ownership regulatory
"Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership except to the extent of his pecuniary interest"
trustee financial
"Reporting Person's spouse is trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What insider transaction did SMHI director Robert Christopher Regan report?
Regan reported receiving a restricted stock award of 17,235 SMHI common shares as a grant at $0.00 per share. This is a compensation-related acquisition, not an open-market purchase or sale, and increases his directly held common stock position.
When does Robert Regan’s SMHI restricted stock award lapse or vest?
The restricted stock award will lapse on the earlier of the 2027 annual meeting of stockholders (provided this date is at least 50 weeks from grant) or June 2, 2027. This establishes the outer timeframe for the award’s restrictions to end.
Is the SMHI Form 4 transaction an open-market buy or sell?
No, the Form 4 shows a grant or award acquisition of 17,235 restricted shares at $0.00 per share, coded “A”. This reflects equity compensation granted by the company, not an open-market purchase or sale of existing shares.
How is beneficial ownership described for Regan’s indirect SMHI holdings?
For the indirect holdings, the Form 4 notes his spouse is trustee and that Regan disclaims beneficial ownership of those shares except for his pecuniary interest. This clarifies he may not control voting or investment decisions for the trust-held shares.